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Updated: 20 weeks 6 days ago
Sony to launch 3D TVs in June, rivals Samsung
TOKYO (Reuters) - Sony Corp will launch 3D televisions in June, entering an increasingly crowded market that is betting the revolutionary TV will become the next hot product in the electronics industry.
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Stock futures down as commodities fall, techs in focus
NEW YORK (Reuters) - U.S. stock index futures fell on Tuesday as commodities weakened ahead of a report expected to show another increase in crude oil inventories, a bearish sign for demand in the world's largest energy consumer.
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China says committed to U.S. debt, wary on gold
BEIJING (Reuters) - China, the world's biggest holder of foreign exchange reserves, renewed its commitment to the U.S. Treasury market on Tuesday but said it would be wary of substantially boosting its gold holdings.
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Deutsche Post 2010 outlook misses estimates
FRANKFURT (Reuters) - Deutsche Post DHL unveiled a conservative financial strategy that focuses on saving cash to safeguard its credit rating and gave a 2010 earnings outlook that missed market expectations.
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World equities up 73 percent a year after crisis low
LONDON (Reuters) - Equities have had a volatile 2010 so far, but globally they remain around 73 percent higher than the low ebb of the financial crisis exactly 12 months ago.
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EADS hit by tanker loss, A380 superjumbo woes
PARIS (Reuters) - Airbus parent EADS ruled out a solo bid for a lucrative U.S. tanker contract and said production niggles on its A380 superjumbo would hit core profit substantially this year, knocking its shares on Tuesday.
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UAE government to support Dubai, sees resolution: report
DUBAI (Reuters) - The federal government will support Dubai as it grapples with a $26 billion debt restructuring and expects the matter to be resolved soon, the United Arab Emirates' finance minister said on Tuesday.
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World stocks off 6-week high; oil tumbles
LONDON (Reuters) - World stocks inched lower on Tuesday from the previous day's six-week high and oil tumbled, while the yen rose broadly as investors grew cautious after a recent rally in riskier assets.
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Greek PM urges G20 effort to rein in speculators
WASHINGTON (Reuters) - Greek Prime Minister George Papandreou on Monday urged the Group of 20 nations to crack down on market speculators, warning that failing to do so could trigger another global financial crisis.
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Northrop quits U.S. tanker contest
WASHINGTON/PARIS (Reuters) - Boeing Co came closer to snaring a U.S. aerial refueling aircraft contract worth up to $50 billion as Northrop Grumman Corp withdrew, charging the Air Force's rules favored its rival.
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MetLife to buy AIG's Alico unit for $15.5 billion
NEW YORK (Reuters) - AIG is selling its foreign life insurance unit to MetLife Inc for about $15.5 billion, in a deal that would help the U.S. government recover billions in bailout funds.
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Senators wrestle with Fed bank oversight issues
WASHINGTON (Reuters) - The Federal Reserve could retain oversight of large bank holding companies under a scaled-back regulatory reform plan being considered by key senators, but important questions remained unanswered, lobbyists said on Sunday.
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China cautions against expecting fast yuan rise
BEIJING (Reuters) - Any rise in the yuan's exchange rate will be gradual, China's trade chief said on Monday in comments that underline the competing interests at the heart of Chinese policy-making.
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Toyota chief says sees U.S. sales recovery ahead
TOKYO (Reuters) - Toyota Motor Corp's president said on Monday he believed that sales in North America could recover in March after a sharp decline last month when the automaker suspended sales of some recalled models.
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Shell, PetroChina bid $3 billion for Australia's Arrow
PERTH (Reuters) - Royal Dutch Shell and PetroChina jointly bid more than $3 billion for Australia's Arrow Energy , marking a Chinese firm's first foray in the country's burgeoning coal-seam gas sector and sending Arrow's shares soaring by nearly half.
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Greece won't need aid, central bank chief tells paper
BERLIN (Reuters) - Greece will not need foreign help to deal with its debt problems, central bank governor George Provopoulos said in a German newspaper interview released Monday.
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Citigroup exec to join Morgan Stanley: report
(Reuters) - Gary Shedlin, who was most recently chairman of Citigroup's investment banking effort for financial institutions, focusing on client relationships, is departing to join Morgan Stanley , Bloomberg said citing a person with knowledge of the matter.
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FDIC prodding pension funds to invest in failed banks: report
(Reuters) - U.S. regulators are encouraging public pension funds that control more than $2 trillion to inject capital directly into the banking system by buying failed lenders, Bloomberg said, citing people briefed on the matter.
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Economists see Fed rate hike in 6 months
WASHINGTON (Reuters) - Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday.
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Kraft under probe over Cadbury deal in UK: report
(Reuters) - Kraft Foods Inc is being investigated by U.K. regulators on whether the company misled employees and investors in its battle to take over British firm Cadbury, the Wall Street Journal said, citing people familiar with the matter.
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